Banks

Singapore-based Indran Thana is joining in June from UBS.

As significant changes occur to tasks, management will need to monitor the needs of future talent and regulatory issues as AI adoption increases in the Asian financial centre.

Ken Tung has been appointed head of industry group, healthcare, Apac, in addition to his role of head of financial sponsors coverage, Apac.

Hong Kong-based Selina Cheung was most recently at UBS.

The bank's shares climbed as it beat analysts' expectations despite facing a commercial real estate charge of $700m in Hong Kong. Chairman Brendan Nelson is confident of growth in Asia this year.

The investment banking advisory firm has strengthened in Singapore as secondaries activity gathers pace across the region; Hart previously worked at Adams Street Partners.

SC's operating profit grew 6% last year; Zurich Australia snaps up life insurer ClearView; Citi Vietnam appoints Thai Nguyet Minh as head of markets.

Net profit at the Singapore bank fell 10% in Q4 amid rate headwinds, higher tax expenses and the absence of non-recurring gains; annual revenue in FY 2025 climbed to a record high of S$22.9bn.

Banks are abandoning the narrative of energy scarcity as AI drives a huge pivot towards energy abundance and infrastructure dominance, including in Asia.